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SoftBank Group Corp (SFTBF.PK)

SFTBF.PK on OTC Markets Group

72.00USD
12:45pm EDT
Change (% chg)

$0.20 (+0.28%)
Prev Close
$71.80
Open
$71.90
Day's High
$72.00
Day's Low
$71.83
Volume
1,253
Avg. Vol
6,622
52-wk High
$79.00
52-wk Low
$47.79

Latest Key Developments (Source: Significant Developments)

Didi to weigh $6 bln funding backed by Softbank - Bloomberg, citing sources
Monday, 27 Mar 2017 09:21pm EDT 

:Didi to weigh $6 billion funding backed by Softbank - Bloomberg, citing sources.  Full Article

Yahoo Japan to invest in Softbank's autonomous-bus project-Nikkei
Thursday, 23 Mar 2017 04:38pm EDT 

Nikkei:Yahoo japan is investing 500 million yen in SB drive and participating in Softbank Group unit's autonomous-bus project-Nikkei.  Full Article

ITmedia buys back 411,400 shares for 300 mln yen
Tuesday, 21 Mar 2017 02:04am EDT 

ITmedia Inc <2148.T>:Says it completed share repurchase plan disclosed on Jan. 31, with a result of 411,400 shares repurchased for almost 300 million yen.  Full Article

SoftBank Group to issue 2 series corporate bonds worth totaling 450 bln yen
Wednesday, 1 Mar 2017 10:33pm EST 

SoftBank Group Corp <9984.T> : Says it plans to issue the 51th series 7-yr unsecured corporate bonds worth 400 billion yen, with coupon rate of 2.03 percent and maturity date on March 15, 2024 .Says it plans to issue the 52th series 7-yr unsecured corporate bonds worth 50 billion yen, with coupon rate of 2.03 percent and maturity date on March 8, 2024.  Full Article

Intelsat and Oneweb announce conditional combination agreement
Tuesday, 28 Feb 2017 05:47am EST 

Intelsat SA : Intelsat SA - Intelsat and Oneweb announce conditional combination agreement . Intelsat SA - debt exchange offers, announced , together with proceeds of Softbank investment are intended to reduce Intelsat's debt by about $3.6 billion . Intelsat SA - Softbank Group Corp. to capitalize Intelsat with $1.7 billion investment in new equity to effect Intelsat debt reduction . Intelsat Sa - Intelsat's ceo, Stephen Spengler, will be CEO of combined company . Intelsat SA - Intelsat and Oneweb will merge in a share-for-share transaction . Intelsat SA - Softbank will acquire a number of common shares of combined company, resulting in an approximate 39.9% voting stake . Intelsat SA - any common shares purchased by Softbank will be for $5.00 per share in cash. . Intelsat SA - in business combination, Oneweb shareholders will receive intelsat common shares in exchange for their Oneweb shares . Intelsat SA - Intelsat shareholders will retain Intelsat common shares they currently hold . Intelsat SA - Softbank will acquire an additional number of non-voting preferred shares of combined co for cash consideration of about $1.7 billion . Intelsat SA - combined company will remain domiciled in Luxembourg, and continue to be listed on New York Stock Exchange . Intelsat SA - combination agreement has been approved by boards of directors of Intelsat and Oneweb.  Full Article

Softbank Group pushing for OneWeb, Intelsat merger- Sky News
Monday, 27 Feb 2017 02:55pm EST 

: Japan's Softbank Group stitching together deal that would see OneWeb merge with Intelsat SA - Sky News .Discussions involving combination of OneWeb and Intelsat are at an advanced stage- Sky News.  Full Article

SoftBank Group set to invest more than $3 bln in WeWork - CNBC
Sunday, 26 Feb 2017 06:06pm EST 

:Softbank Group Corp set to invest more than $3 billion in WeWork - CNBC, citing a source.  Full Article

Japan Communications says Softbank agrees to lease phone lines for budget smartphone services-Nikkei
Wednesday, 1 Feb 2017 04:35pm EST 

Nikkei:Japan Communications says Softbank agrees to lease co phone lines for budget smartphone services.  Full Article

ITmedia to buy back 500,000 shares for 300 mln yen
Tuesday, 31 Jan 2017 09:29pm EST 

ITmedia Inc <2148.T>: Says it plans to buy back 500,000 shares(2.5 percent stake) for 300 million yen .Says the repurchase period from Feb. 1 to March 31.  Full Article

U.S. President elect Donald Trump says SoftBank to invest $50 bln in U.S.- tweet
Tuesday, 6 Dec 2016 02:00pm EST 

: U.S. President elect Donald Trump says SoftBank of Japan has agreed to invest $50 billion in the U.S. toward businesses and 50,000 new jobs- tweet ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

More From Around the Web

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China ride sharing giant Didi mulls $6 bln SoftBank-backed investment: Bloomberg

SHANGHAI Chinese ride sharing firm Didi Chuxing is considering a $6 billion investment backed by Japan's SoftBank Group Corp, as it looks to take on global rivals such as Uber Technologies Inc [UBER.UL], Bloomberg reported on Tuesday citing sources familiar with the matter.